Certified federal contracts manager
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Certified Federal Contracts Manager . Exam Prep Course – 2014 Session February 18, 2014. CFCM Requirements. A Bachelor’s Degree or higher from an accredited university 1 One year of experience 80 Hours of continuing professional education 2 Successfully passing the CFCM exam

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Certified federal contracts manager

Certified Federal Contracts Manager

Exam Prep Course – 2014 Session February 18, 2014


Cfcm requirements

CFCM Requirements

A Bachelor’s Degree or higher from an accredited university1

One year of experience

80 Hours of continuing professional education2

Successfully passing the CFCM exam

Subscribe to the Contract Management Code of Ethics

Ten years experience may be considered in lieu of a degree.

CPE credits are awarded for this prep class 1 credit per 50 minutes


Study group

Study Group

  • This group will assist in preparing you for the CFCM exam

  • Question. Have you registered for the exam

    • Application form is online

    • Application fee is $150 for NCMA Member or $275 for non-member

    • Once application is approved – register for test

      • Online exam – Kryterion = $95.00

      • Paper exam – Through chapter = $50 Member - $90 non-member


What is a contract manager

What is a Contract Manager

  • Government usage

    • Contracting Officer (senior)

    • Procurement Specialist/Buyer

  • Commercial use

    • Contract Manager (senior)

    • Contract Administrator


Federal contracts management

Federal Contracts Management

  • Guided by extensive set of laws and regulations

    • Code of Federal Regulations (CFR)

    • Federal Acquisition Regulation

      • Departmental Supplements (e.g., DFAR)

      • Departmental policy

      • Case Law

    • Other policy/guidance

      • GAO

      • OMB


Federal contracts management1

Federal Contracts Management

  • Our challenge

    • To know and apply the governing law and regulations to specific actions

    • To conduct business on a professional basis

      • Ethical

      • Courteous / Polite


As a cfcm

As a CFCM

  • You will be designated a professional

    • Similar in nature to a CPA or a PMP

    • You will be considered an authority

  • Many companies tie salary to certification levels

    • 5 – 10% premium for CFCM

  • Duty to mentor

    • You and others have invested in your certification – pay it forward.


Study group rules

Study Group Rules

  • Our assumptions

    • You are here to prepare for the CFCM exam

    • You meet the general eligibility requirement for a CFCM certificate (less the test)

    • You have a working knowledge of the FAR through work experience, FAR study group, or other means.

    • You have the CFCM study guide

  • This is your group – you will run it

  • You will be here each week ready to participate in discussion.


Study group resources

Study Group Resources

  • CFCM Study Guide

  • On-Line access to the FAR

  • Other resources

    • Desktop Guide to Basic Contracting Terms

    • Contract Management Body of Knowledge*

    • Practice exams*


Proposed schedule

Proposed Schedule

Feb 18 – Organization & Overview

Feb 25– Part 1A (to Page 18)

March 4 – Part 1B

March 11 - Parts 2 & 3

March 18 – Part 4 and 5A (to page 72)

March 25 – Remainder of Part 5

April 1 – Part 6

April 7 – Mock Exam


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